Dmail completes pre-series A for its Web3 messaging system

Dmail Networka start-up developing a electronic messaging platform taking advantage of Web3 technologieshas raised funds from Draper Dragon, KuCoin Labs, Amino Capital and others.

Dmail Network is presented as a ” collaborative platform based on the Web3 and powered by theAI “which integrates messaging, asset management and data storage.

On Monday, the start-up behind the solution announced that it had closed a pre-series A for an undisclosed amount to numerous investors.

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Venture capitalists included Amino CapitalOIG VC, Draper DragonHG Ventures and Spark Digital Capital. The investment arms of crypto exchanges KuCoin and also have their hands in the pot.

I’m honored to be working with such great and passionate partners. I’m convinced that Dmail will revolutionize the way traditional e-mail is served and bring a decentralized, secure experience to users, guaranteeing mass adoption as the next iteration of messaging services,” proclaimed Daniel James, Dmail’s co-founder.

The capital raised will enable the project to expand its teams, accelerate product development and increase its marketing budget.

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Dmail led to the creation of more than 300,000 addresses since its beta launch last summer, according to the announcement. “Our platform has facilitated a cumulative total of 8.5 million messages,” says the Singapore-based company founded in 2021.

Earlier this year, Sending Labs, another startup building a decentralized messaging platformhas raised $12.5 million from Insignia Venture and Signum.

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